Day August 24, 2023

August 24, 2023

Ethereum Price Drops Below 100-Day and 200-Day MAs: Is a Rebound Possible or a Further Drop Likely?

Ethereum’s price has experienced a sharp downturn after being rejected at the critical $1.8K resistance level. This sudden price drop has resulted in the asset falling below both the 100-day and 200-day moving averages, signaling a shift towards a bearish market structure for ETH. The Daily ChartAfter a prolonged period…

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Day August 24, 2023

Ethereum Price Drops Below 100-Day and 200-Day MAs: Is a Rebound Possible or a Further Drop Likely?

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